We don’t know whether the impending global financial “reset” will entail a debt jubilee, aka massive defaults, like Biden’s student loan bonanza. Or maybe we will endure a long period of inflation as debts are slowly worked out in pretend money.
The price of U.S. Treasury bonds is collapsing. Since the end of July, the 10-year Treasury rate has risen sharply, from a yield of 2.65% to over 4.3% now. There haven’t been bigger losses in the U.S. Treasury bond market, EVER. THE BIGGEST BUBBLE IN HISTORY DEFLATES YOUR STANDARD OF LIVING IS GOING TO FALL
We received some questions over the weekend about our Friday recommendation, the MicroStrategy convertible bonds… so we’ve put together a bond buying guide today to make it easier for you to get up to speed.
How to earn 243% on a Bitcoin bond. A global “Minsky Moment”. The bond bull dies. Why wealth is shifting to real assets.
Long ago in ancient Troy, the beautiful princess Cassandra promised the god Apollo “the opportunity of her body,” in exchange for the gift of prophecy. Apollo granted her request to be able to tell the future, but naughty Cassandra reneged on her side of the deal. Long ago in ancient Troy, the beautiful princess Cassandra
Dear Porter & Co. readers, This is the first issue of Porter & Co.’s complimentary bi-weekly, Something You Don’t Know… in which, every other Friday, Porter Stansberry and team will shine a bright light on something in the world of finance, investing and economics – or whatever else is on Porter’s mind – that’s just